《科创板日报》11月23日讯（记者 李明明）智能驾驶领域再次迎来重磅交易。 近日，深圳市卓驭科技有限公司（以下简称"卓驭科技"）宣布，获得来自中国第一汽车集团有限公司 （以下简称"中国一汽"）超36亿元的战略投资。 据悉，本次交易完成后，卓驭科技将保持独立发展的经营战略，投后估值超100亿元。同时，卓驭科技 将作为独立法人实体运营，保持现有管理团队、技术路线与品牌战略不变。中国一汽作为战略股东，将 主要通过业务协同与资源支持赋能卓驭。 事实上这笔交易已早有端倪。早在9月22日，国家市场监督管理总局反垄断执法二司，就正式公示了一 汽股份收购卓驭科技股权案。根据公告，交易完成后，一汽股份将持有卓驭科技35.8%的股权，New Territory持股比例从70.65%降至34.85%，双方将共同控制卓驭科技。 前身为大疆车载事业部 记者同步向作为股东方之一的比亚迪了解卓驭科技更多相关情况，亦未获回复。 卓驭科技与中国一汽的合作渊源，或始于2024年4月双方签署智能驾驶战略合作协议，开启全面战略合 作。在此前的合作过程中，卓驭科技"成行平台"10V高算力平台的可解释端到端算法，以及全球首发的 惯导三目视觉系统，已搭载 ...

Core Insights - SAIC Volkswagen is enhancing its fuel vehicle offerings with intelligent features to maintain market share in the face of rising electric vehicle adoption [1][8] - The company emphasizes a dual strategy of "oil and electricity advancing together" to cater to both fuel and electric vehicle users [8] Product Upgrades - The Pro family 2026 models, including the Tiguan L Pro, Passat Pro, and Teramont Pro, are equipped with advanced intelligent features while retaining German engineering quality [1][3] - The IQ.Pilot enhanced driving assistance system, developed in collaboration with Zhuoyue Technology, features an 8-megapixel dual-camera system that generates high-precision point clouds without relying on high-definition maps or LiDAR [4][5] - The system supports advanced functions such as automatic lane changes, recommended overtaking, intelligent obstacle avoidance, and autonomous ramp access in complex driving conditions [5] User Experience - The IQ.Pilot system is designed to closely mimic human driving logic, providing optimal assistance when drivers change routes, contrasting with the binary control models of many new entrants [5] - The system is offered for free on top-tier models, while other models require an additional cost of 5,000 yuan for the feature [5] Intelligent Cockpit Enhancements - The intelligent cockpit has been upgraded through collaboration with Baidu, integrating advanced voice interaction and personalized services [6][8] - The system can recognize multiple intents in a single command and utilize Face ID for personalized settings [6] Market Positioning - SAIC Volkswagen's approach contrasts with many new energy brands that focus on high-precision sensors and high-computing power chips aimed at achieving full autonomy [8] - The company positions its intelligent features as enhancements rather than the primary selling point, maintaining a focus on mechanical quality and reliability [8] - This strategy aims to bridge the generational gap between fuel and electric vehicles, ensuring that traditional fuel vehicles remain competitive in the evolving market [8]

Core Viewpoint - SAIC Volkswagen has launched the Pro family 2026 models, positioning them as "super smart fuel vehicles" that aim to enhance the intelligent experience of fuel vehicles, marking a transition to the 2.0 stage of fuel vehicle intelligence [1][12] Group 1: Product Overview - The Pro family 2026 models include three main models: Tiguan L Pro, Passat Pro, and Teramont Pro, all equipped with the new generation IQ.Pilot enhanced driving assistance system [3] - The IQ.Pilot system supports end-to-end high-speed NOA (Navigation on Autopilot) functionality and has undergone extensive testing to ensure safety and reliability [6] Group 2: Technological Features - The high-speed NOA system offers three core functions: automatic navigation lane changes, intelligent obstacle avoidance, and autonomous on/off ramp navigation, providing a seamless driving experience even with human intervention [6][8] - The system utilizes high-precision sensing technology, including an 8-megapixel binocular camera, to create a 360° safety perception system without relying on high-definition maps or LiDAR [8] Group 3: Intelligent Cabin Enhancements - The intelligent cabin features include a voice assistant developed in collaboration with Baidu, supporting multi-intent recognition and smart voice control [10] - The Face ID recognition system allows for automatic login and personalized settings, enhancing user experience [10] Group 4: Strategic Direction - SAIC Volkswagen adheres to the "oil-electricity co-prosperity" strategy, promoting the simultaneous development of fuel and new energy vehicles, with the Pro family 2026 models exemplifying this approach [12] - The company aims to provide a balanced intelligent experience for both fuel and new energy vehicle users, ensuring safety and adaptability to the Chinese market [12]

Core Insights - SAIC Volkswagen officially launched the Pro family 2026 models, marking a significant advancement in the intelligent experience of fuel vehicles, entering the 2.0 phase of smart upgrades [1][2] - The Pro family aims to dispel consumer biases against the intelligence of fuel vehicles by offering advanced features such as reliable driver assistance, user-friendly human-machine interaction, and an intelligent cockpit that learns user preferences [1][2] Group 1: Product Features - The Pro family emphasizes the "golden value triangle" of fuel vehicles, which includes intelligent performance, high-quality manufacturing, and mechanical excellence, leveraging SAIC Volkswagen's 40 years of automotive experience [2] - The upgraded IQ.Pilot enhanced driving assistance system features automatic navigation lane changes, intelligent obstacle avoidance, and autonomous on/off ramp capabilities, providing a seamless driving experience [2][4] - The system allows for human intervention without disengaging assistance, enabling the vehicle to adapt to changes in driving plans while maintaining optimal support [2][4] Group 2: Technological Advancements - The high-precision perception system utilizes dual-camera sensors and advanced algorithms to create a comprehensive safety perception system without relying on high-definition maps or lidar [5] - The dual-camera enhanced OCC algorithm significantly improves the detection distance and accuracy of static obstacles, allowing for real-time dynamic display and decision-making that mimics human driving behavior [5] Group 3: Intelligent Cockpit Enhancements - The intelligent cockpit features a fully integrated language model, smart voice interaction, Face ID recognition, and upgraded mobile connectivity, enhancing user experience and personalization [9] - Collaboration with Baidu has enabled the integration of advanced AI models, allowing the voice assistant to understand multiple intents within a single command and facilitating seamless vehicle control [9] Group 4: Strategic Vision - SAIC Volkswagen continues to pursue a dual-track strategy of fuel and new energy vehicle development, aiming to meet diverse user needs while ensuring high safety and quality standards [9] - The launch of the Pro family 2026 models represents a significant step towards achieving "equal rights" in user experience between fuel and electric vehicles, with plans for ongoing innovation and product expansion [9]

Core Insights - The launch of the 2026 model of the SAIC Volkswagen Pro family marks a significant advancement in the intelligent capabilities of fuel vehicles, challenging the perception that fuel cars cannot be smart [1][5] - The collaboration between SAIC Volkswagen and Zhuoyue Technology over the past seven years has focused on overcoming the fundamental challenges of fuel vehicle intelligence [2] Group 1: Technological Advancements - The Pro family 2026 model features the IQ.Pilot enhanced driving assistance system, which transitions from a "rule-based driving mode" to an "end-to-end mode," allowing for a more human-like decision-making process [2] - The system utilizes an 800 million pixel inertial navigation dual-camera to create a 360° perception system, improving static obstacle monitoring accuracy by 30% and enhancing the smoothness of high-speed lane changes and autonomous ramp access [2] - Unique challenges for fuel vehicle intelligence include heat dissipation issues due to the lack of a water cooling system, compatibility limitations of traditional electronic and electrical (EE) architecture, and hardware stability requirements in vibrating environments [2] Group 2: Market Position and Strategy - In the first half of this year, SAIC Volkswagen's market share for fuel vehicles rose to nearly 9%, maintaining the top position among single brands, with the Pro family contributing 10% to total sales [3] - The company aims to optimize costs by leveraging scale effects and technical route optimization, making advanced driving assistance features available in the 150,000 to 250,000 RMB range for fuel vehicles [3] - The Pro family is positioned to enhance the intelligent performance of fuel vehicles while also rapidly advancing in the new energy sector, with plans to launch 8-9 new models in 2026 that will feature L2++ level driving assistance [4] Group 3: Future Outlook - The 2.0 system currently cannot be upgraded for 1.0 system users due to hardware iterations, but future upgrades are planned [4] - The company emphasizes that it will not abandon the fuel vehicle market, as fuel vehicles still account for over 55% of domestic car sales, aiming for a dual leadership in both fuel and electric vehicles [4] - The launch of the 2026 Pro family signifies a shift in consumer standards for fuel vehicles, where "intelligent performance" will become a core consideration alongside traditional factors like engine and chassis [5]

Core Insights - SAIC Volkswagen officially announced the launch of the Pro family 2026 models, marking the advancement of fuel vehicle intelligence to the 2.0 stage [1] - The Pro family aims to break the stereotype of fuel vehicles being non-intelligent by offering advanced intelligent features and a seamless driving experience [1] - The introduction of the IQ.Pilot enhanced driving assistance system, available for free with top models, emphasizes the company's commitment to making technology accessible [1][2] Product Features - The Pro family 2026 models will include advanced features such as reliable driving assistance, user-friendly human-machine interaction, and an intelligent cockpit that evolves with user preferences [1] - The IQ.Pilot system includes three main functions: automatic navigation lane change, intelligent obstacle avoidance, and autonomous on/off ramp capabilities, enhancing the driving experience [2][3] - The system is designed to maintain assistance even during user intervention, allowing for seamless route adjustments without disengaging the driving assistance [2] Technological Advancements - The high-precision perception system utilizes dual cameras and advanced algorithms to create a comprehensive safety perception system without relying on high-definition maps or lidar [3] - The dual-camera system enhances the detection range and accuracy of static obstacles, improving the vehicle's ability to navigate complex scenarios [3] Intelligent Cabin Features - The upgraded intelligent cabin includes a comprehensive language model, smart voice interaction, FaceID recognition, and seamless mobile connectivity [4] - The collaboration with Baidu integrates advanced AI models, enabling the voice assistant to understand multiple intents within a single command [4] - The Pro family 2026 models reflect SAIC Volkswagen's strategy of simultaneous development of fuel and new energy vehicles, catering to diverse user needs [4]

Core Insights - The traditional fuel vehicle market in China has shown signs of recovery, with August sales reaching 1.074 million units, a month-on-month increase of 9.5% and a year-on-year increase of 12.9% [1] - The recovery in traditional fuel vehicle sales is attributed to strategic adjustments by manufacturers, including enhancements in product performance and pricing [1][2] - The introduction of new models and aggressive marketing strategies, including cash incentives and financing options, have contributed to the resurgence of fuel vehicles [2][4] Industry Trends - The market for traditional fuel vehicles has experienced a notable year-on-year growth in sales over the past three months, contrasting with the overall trend of decline in recent years [1] - The sales of traditional fuel vehicles in the first eight months of 2025 have only decreased by 0.3% compared to the previous year, indicating a potential stabilization in the market [1] - Major automotive brands are accelerating the upgrade of fuel vehicles, focusing on design, configuration, and smart technology to compete with the rapidly growing electric vehicle market [2][3] Technological Developments - The IQ.Pilot enhanced driving assistance system, developed in collaboration with local tech firms, is being integrated into new fuel vehicle models to improve their competitiveness [3][4] - The A5L model from Audi represents a significant advancement in fuel vehicle technology, featuring a new electronic architecture that enhances its smart capabilities [4][5] - The collaboration between Audi and Huawei in developing driving assistance technology highlights the industry's shift towards integrating advanced technology in fuel vehicles [6] Market Dynamics - Despite the rise of electric vehicles, fuel vehicles remain essential for many consumers, particularly families, and are expected to maintain a significant market share [6] - The competitive landscape for fuel vehicles is evolving, with manufacturers addressing previous shortcomings and enhancing their offerings to attract consumers [6] - The traditional fuel vehicle segment continues to be a crucial revenue source for automakers, underpinning their transition to electric mobility [6]

Core Insights - The traditional fuel vehicle market in China has shown signs of recovery, with sales in August reaching 1.074 million units, a month-on-month increase of 9.5% and a year-on-year increase of 12.9% [1] - The recovery in traditional fuel vehicle sales is attributed to strategic adjustments by manufacturers, including enhancements in product performance and pricing [1][2] - The introduction of new models and competitive pricing strategies by joint venture brands is driving the market, with significant upgrades in design, configuration, and technology [2][4] Industry Trends - The market for traditional fuel vehicles has experienced a notable year-on-year growth in sales over the past three months, contrasting with the overall trend of decline in recent years [1] - The sales of traditional fuel vehicles from January to August 2025 showed a minimal decline of 0.3% compared to the previous year, indicating a potential stabilization in the market [1] - Joint venture brands are responding to the competitive pressure from new energy vehicles by accelerating the launch of upgraded fuel models and offering various purchase incentives [2][3] Technological Developments - The IQ.Pilot enhanced driving assistance system, developed in collaboration with local technology firms, is being integrated into traditional fuel vehicles to improve their competitiveness [3][4] - The A5L model from Audi represents a significant advancement in fuel vehicle technology, featuring a new electronic architecture that enhances its smart capabilities [4][5] - The collaboration between Audi and Huawei in the development of driving assistance technology highlights a division of responsibilities, with each company focusing on its strengths [6] Market Dynamics - Despite the rapid growth of new energy vehicles, traditional fuel vehicles remain essential for many consumers, particularly families, and are expected to maintain a significant market presence [6][7] - The competitive landscape for traditional fuel vehicles is evolving, with manufacturers addressing previous shortcomings and enhancing their offerings to reclaim market share from electric vehicles [6][7]

Core Viewpoint - The launch of the fourth-generation Jetta L by FAW-Volkswagen marks a significant milestone as the company approaches the production of 30 million vehicles, offering various promotional incentives to attract buyers [3][4]. Product Launch and Pricing - The fourth-generation Jetta L was launched in Chengdu on September 9, with three variants: 300 TSI Fashion, 300 TSI Elite, and 300 TSI Luxury, priced between 114,900 to 131,900 yuan [1]. - Promotional offers include free insurance, a cash rebate of 4,000 yuan, three years of roadside assistance, and up to 8,000 yuan in trade-in support, along with a special 1,000 yuan discount for teachers [3]. Historical Context and Development - The Jetta has been in the Chinese market since 2006, evolving through four generations, with the first generation establishing a strong foothold in the A+ sedan market [3]. - The second generation improved interior space and competitiveness, while the third generation introduced the Jetta L model, focusing on spaciousness to meet consumer demands [3]. Safety and Reliability - The new Jetta L adheres to strict manufacturing standards, utilizing over 80% high-strength steel and 28% hot-formed steel for its protective structure [6]. - It has undergone extensive safety testing, including 3,137 accident scenario tests and over 9 million kilometers of testing in extreme conditions [9]. Advanced Technology Features - The Jetta L is equipped with the end-to-end high-speed NOA (Navigation on Autopilot) system, which has been validated over 30,000 kilometers and includes features for highway navigation and complex traffic scenarios [12][14]. - The vehicle incorporates a smart cockpit with a Qualcomm 8155 chip, supporting advanced voice control and a dual operating system for enhanced user interaction [16]. Engine and Performance - The Jetta L features a 1.5T Evo2 engine with a maximum power of 118 kW and peak torque of 250 N·m, achieving a top speed of 212 km/h [18]. - The vehicle boasts a fuel consumption of only 5.49 L per 100 km, balancing performance and fuel efficiency [20]. Design and Space - The Jetta L measures 4,812 mm in length, offering a spacious interior with a high space utilization rate of 84.5% [22]. - The design includes a modern aesthetic with various color options and a luxurious interior featuring a 15-inch touchscreen and ambient lighting [24][26]. Market Positioning - The new Jetta L aims to meet the demands of consumers for high-quality, intelligent, and spacious vehicles, reinforcing FAW-Volkswagen's position in the A+ sedan market and enhancing brand image [3][26].

Core Viewpoint - The new FAW-Volkswagen model, the "Lanjing," stands out in the mid-to-large SUV market by focusing on practical value, product strength, and sincere pricing, rather than flashy features and trends [1][10] Product Features - The Lanjing is the largest SUV in the Volkswagen brand globally, measuring 5168mm in length and 2980mm in wheelbase, achieving a remarkable 87.2% "usable space rate" [3] - It offers two models priced at 269,900 yuan and 299,900 yuan, with both 6-seat and 7-seat configurations available at the same price [4] - The vehicle's design accommodates family travel, with the ability to fit two 24-inch and two 20-inch suitcases in the trunk even with the third-row seats in use [5] Powertrain - The Lanjing is equipped with the fifth-generation EA888 2.0T high-power engine, delivering a maximum power of 200kW and peak torque of 400N·m, making it the strongest 2.0T engine in the Volkswagen system [7] - The engine features advanced technologies such as an electronic water pump, lightweight pistons, low-friction coatings, and a 500bar fuel injection system, enhancing fuel efficiency and performance [7] Intelligent Features - The Lanjing includes the IQ.Pilot enhanced driving assistance system, developed in collaboration with DJI, focusing on safety and practicality with features like precise ramp navigation and complex traffic light recognition [8] - The vehicle is competitively priced, starting at 269,900 yuan, with high-end models not exceeding 300,000 yuan, offering substantial standard features without unnecessary upselling [8] Market Positioning - The Lanjing is designed specifically for Chinese families, emphasizing practical aspects such as space, power, and usability, rather than competing on technology gimmicks or efficiency alone [10]